Louisville KY Short Sales

Many things have changed in the real estate market recently and it can be a bit intimidating for a buyer. But if you understand a few key concepts, you are can be in the driver’s seat for a great deal on your next property.  One type of property sale you definitely want to understand is the short sale. 

View all Short Sales Below

If you want a home in the Louisville area, a short sale might be the right way for you to go.  A short sale refers to a property sale that provides the lender with less money than currently owed by the borrower.  It’s an agreement between the seller (borrower) and his/her lender that can prevent the home from going to foreclosure.Louisville Short Sales

A short sale can provide you with a once in a lifetime opportunity to buy a home at a bargain price.  This might mean more square footage, a better location or higher quality construction than you might otherwise find.  There are some distinct advantages of a short sale over foreclosure too.

Short sale homes are often in better condition than foreclosures because the previous owner sought to sell before they defaulted. That often means they have done a better job maintaining their home until they listed the property too.

How can you ensure that the short sale property that interests you is in good condition? Make a successful home inspection by a reputable firm part of your offer on the home.  Be aware that the lender may be in too much of a hurry for this, but the purchase price will often be low enough to make your risk worthwhile.

If you want to purchase a home in this favorable market, a short sale may well get you much more house for your money. Know the risks. See professional advice and you may well be in your dream home before you know it.

These Louisville Short Sales are updated every day from the  Louisville KY MLS. If you would like more information on any of these Louisville Short Sales for sale, just click the "Request More Information" button when viewing the details of that property. We can provide you with disclosures, past sales history, dates and prices of homes recently sold nearby, and more.

And, if you haven't already, be sure to register for a free account so that you can receive email alerts whenever new Short Sales come on the market.

5 Properties
Under Contract
2490 N Hwy 393 La Grange, KY 40031
5
Beds
3F11/2
Baths
5,049
Sq.Ft.
1957
Year Built
67
Days on Site
1567662
MLS
SHORT SALE--SEE AGENT NOTES---COMPLETELY AND GORGEOUSLY RENOVATED brick colonial is located in the heart of Oldham County with its AWARD WINNING schools. Every inch of this home was remodeled in...
Under Contract
360 Circle Dr Shepherdsville, KY 40165
$154,000
Subdivision: Wade
3
Beds
1F11/2
Baths
1,080
Sq.Ft.
1978
Year Built
44
Days on Site
1569630
MLS
Pre-foreclosure Short Sale subject to 3rd Party Approval. 3 BR/1.5 BA brick ranch requiring cleanout and repair. Home has been vacant for 2-3 years. Possible mold, Appliances have been removed,...
$50,000
Subdivision: Roseland Acres
2
Beds
1F11/2
Baths
1,890
Sq.Ft.
1947
Year Built
109
Days on Site
1564316
MLS
Water damage from someone going in and leaving it running: damage in bath down to basement! Sold AS-IS with NO warranties expressed, written or implied! ''SHORT SALE'' COVID 19 precautions MUST be...
Under Contract
1444 Beech St Louisville, KY 40211
$43,000
Subdivision: Churchill
4
Beds
2F11/2
Baths
1,230
Sq.Ft.
1925
Year Built
399
Days on Site
1544341
MLS
Possible short sale. 4 Bedroom 2.5 bath home. Large covered front porch, fenced yard and a block garage. Newer windows. A lot of home for the money. Would make a great home or good investment for...
Under Contract
3505 Lodge Ln #211 Louisville, KY 40218
2
Beds
1F11/2
Baths
850
Sq.Ft.
1978
Year Built
18
Days on Site
1571639
MLS
House is sold AS IS. Short Sale.
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